The price of lithium-ion battery packs has experienced a significant drop of 14% in 2023, reaching a record low of USD 139 (EUR 127) per kWh,…
Browsing: Energy Storage
Canadian Solar has secured a substantial order to deliver a 240MW DC/480MWh battery energy storage system (BESS) for a project site in South Australia, developed by…
China is poised to achieve a groundbreaking milestone with a projected 230GW of wind and solar installations in 2023, surpassing the combined installations of the United…
Commercial operations have commenced at the Ratesti Solar Project in Romania, a substantial achievement for Israeli companies Econergy and Nofar Energy. The 155MW photovoltaic (PV) site…
Renewables developer-operator Longroad Energy Holdings LLC, based in Boston, Massachusetts, has successfully closed a USD 600 million debt financing deal aimed at expediting the advancement of…
In the evolving landscape of Spain’s energy market, the surge in renewable energy deployment has sparked a new competition: the race for dominance in energy storage.…
Swedbank Robur, Sweden’s largest fund company, has introduced two new funds, Climate Bond and Climate Bond High Yield, designed to channel investments into projects and company…
The European Commission has outlined plans to significantly increase investment in Europe’s power grids, with a draft document obtained by Reuters revealing a comprehensive strategy. Estimates…
Canadian utility TransAlta Corporation has successfully commissioned a 38 MW solar capacity project with co-located storage in the Northern Goldfields region of Western Australia. The site…
Spanish utility Endesa SA (BME:ELE) is set to embark on a significant EUR 4.3 billion (USD 4.69bn) investment in its renewables business in Spain and Portugal,…
Chinese stationary battery manufacturer, Hithium, and FlexGen Power Systems Inc, a provider of integration services and software technology for energy storage, have inked a comprehensive three-year…
Turkish energy company Margun Enerji, in partnership with Huawei and Partner EGS, is set to integrate a 2-megawatt-hour battery energy storage system into its 20.17-megawatt solar…
